buyer triggers - richard yadon - amazon s3 · that has this kind of intrigue or enticement will...
TRANSCRIPT
BUYER TRIGGERS The 10 Psychological Triggers That Convert Leads
Into Customers and Clients
1. The Quest for Pleasure
2. The Pursuit of New and Original
3. The One Right Reason
4. What’s the Story?
5. Simplicity
6. Following / Popularity / Brand Value / Fandom
7. Enticement or Intrigue
8. Fear of Loss / Fear of Missing Out
9. Verifiable Proof
10. Fuss / Hype / Press / Controversy
“People buy emotionally, then rationalize their purchase
intellectually.” ~ UNKNOWN
The mind is the beginning of every action and reaction in our world.
What we do physically is merely the reflection of what’s going on in
our mind. Our actions are extensions of our thoughts. Even when our
actions seem to go against our thoughts, they are in fact driven by
our subconscious compulsions. Every action and reaction can be
traced back to this basic principle.
Customers, consumers or clients are no different. The size of the deal
is no different. People make their buying decisions based on their
psychological triggers. These psychological triggers can be
influenced by many factors, including the salesperson.
Here are the ten most important psychological triggers that convert
leads into customers.
1. The Quest for Pleasure Every human being is drawn towards pleasure and to avoid pain. No
one wants to suffer and everyone wants to have a good time. This
desire for pleasure drives peoples buying decisions. As a company,
marketing professional or salesperson, you need to present your
product or service to help your Lead to imagine some form of
pleasure. That pleasure may be looking good for the CEO, it may be
the elimination of a source of frustration, or it may be a purchase long
delayed that they just need to get it done. The product or service
could be anything from a foot massager to a large service contract.
I am not trying to discount the impact of affordability. Cost vs value
will always be a strong influencing factor in a purchase decision.
However, the Lead will be much more interested in if pleasure is
assured. The worst selling products in any industry are those that
don’t offer any substantial pleasure to its intended customers or
users.
Pleasure is not always physical, emotional, or psychological. It varies
from person to person. Pleasure needs to be well defined in the
context of the product and for the kind of audience you are targeting.
Once you identify the exact form of pleasure your audience wants,
set your marketing and sales strategy accordingly. A materialistic
product can provide emotional pleasure and an immaterial service
can also give some form of physical pleasure. Smart marketers know
how to package their product or service and how to convey this
message.
2. The Pursuit of New and Original People love new things. New clothes, new shoes, a new car, a new
house, a new phone, a new laptop, a new set of speakers, a new set
of wine glasses – “new” has an alluring appeal. New, combined with
originality, has an even more powerful impact. Look at some of the
“me too” products or services that are widely marketed in your
industry. Your Leads have developed a ‘ho hum’ attitude about them.
New and/or original will turn their head.
The pursuit of new and original can be explained through the proven
fascination with novelty. Studies have shown that exposure or
anticipation of novelty items increases the secretion of dopamine in
the human brain. This become a neurological trigger.
Here are two examples that illustrate this principle:
Every smartphone maker in the world keeps releasing new variants
of their existing models. Automakers do the same thing. Other than
the rare instance, there is hardly any significant change or
improvement in the subsequent variants.
You can consider everything from an iPhone to a Galaxy, a
Volkswagen to a Cadillac. The existing models are repackaged,
some specifications are tweaked, some features are marginally
upgraded and there you have a newly manufactured phone or car.
This new original product builds anticipation and is satiating for many
people. What’s old is the past and people don’t like lingering in the
past. Everyone wants a piece of the future.
3. The One Right Reason Every product in the world has multiple features and at least one
benefit. Otherwise, the product should not exist. The features and
benefits capture the Lead’s attention and will trigger some interest.
But they are not enough to drive the sale.
You can talk as much as you want about the benefits or features and
yet you may never convert a lead into a customer. The reality is
simple. The lead is waiting for their own one, right reason to buy.
Many marketers and salespeople have been misled to believe that
people need multiple reasons to buy something. It is absolutely not
true. Most people don’t even know all the features of the products
that they have purchased. The average consumer is, frankly, not that
interested. Nor do they have time to investigate all of the features and
benefits of a product or service. They have their own one, right
reason. Your job is to discover that reason.
Think about organic food or green tea. Does an average consumer
know all the differences between organic food and inorganic food?
Does an average consumer know the exact difference between green
tea and what has been called tea for ages? Even those who drink tea
everyday don’t know the difference between normal tea and green
tea or black tea and yellow tea. People have t h e i r o w n one right
reason to buy organic food or green tea and that has been enough
to propel the sales these two products across the world.
4. What’s the Story? It might be disappointing to know that your Leads are not that
interested in the story of your company. They don’t want to hear how
a product has been created or evolved and certainly not when the
product is yet to become a bestseller. Your Leads will be interested
in a story that will trigger their emotions. This is the story that
marketers or advertisers must craft.
(You may want to check the book Whoever Tells The Best Story Wins
-Amazon Link)
Many years ago, when television advertising was not as pervasive as
it is today, Volkswagen came out with a new commercial. It was just
an image of identical houses in a nondescript but beautiful suburban
neighborhood with lawns and paved driveways. Every house had a
car parked outside, which was the Volkswagen station w a g o n .
The image was captivating and it was combined with a few lines that
told a great story. It triggered an emotional response. Needless to
say, Volkswagen had an amazing result.
You may be vaguely aware of the commercials of the sixties through
the eighties and even the nineties. You are certainly aware of the
stories various commercials tell during the Super Bowl. The
advertisers have combined originality, novelty, and newness with a
memorable event. The objective is simple: tell a simple, memorable
story, trigger an emotional response, and make an immediate
connection with the audience.
5. Simplicity
Consumers love sophistication, complex craftsmanship, complicated
mechanisms and technology marvels. At the same time, they don’t
want to deal with the specific details. They want the results, prestige,
or status these offer and they must be simple enough for them to use.
Everyone uses a car remote transponder key but who really wants to
know how a push button ignition works or what the transponder chip
actually does?
Any product that appears to be complicated or difficult to use will not
influence a Lead to become a customer. Every product that is utterly
simple to use and has some significant utility (i.e.… gives the Lead
the result they want) will always influence a Lead to at least consider
buying.
You may sell or market products and services that aren’t simple. It is
your job as a salesperson or marketer to simplify the product
messaging and presentation. The Lead must believe it is simple to
use of the product or service, to feel the benefits of the features, or to
eventually feel the pleasure as promised. If the customer has to make
an effort to understand a product or service, if a Lead imagines
using the product or service to be tiresome or requiring a great deal
of labor (or brainpower), then the decision not to buy becomes the
easier one to make.
6. Following / Popularity / Brand Value / Fandom This could be the most important psychological trigger. The reason
I didn’t put it at the top of the list is because a company has to master
the first five to become a brand worthy of following. Popularity of a
brand instills credibility. People trust its products or services.
Fandom instills a sense of unity. People come together and feel like
a part of a larger group. Human beings are wired to find a common
reason to unite. Cultivating a loyal following is essential in this day of
marketing message bombardment.
That is why millions of people around the world line up to grab the
latest iPhone. In addition to the pursuit of novelty and the quest for
pleasure, it is a sense of being a part of the larger group of iPhone
users. This kind of fandom drives people to put in the effort, spend
their money, and stick little Apple logo decals on the windows of their
cars!
7. Enticement or Intrigue We are drawn to what we know or have experienced. We like eating
our favorite foods, we cook the recipes we have mastered, we
support our favorite teams, and we like the comfort of being with our
friends. There is a part of us that wants predictability, certainty and
continuity. Then there is a part of the mind that craves surprises, that
wants to explore the unknown, and is waiting to be enticed or
intrigued. This curious part of our mind can be leveraged by a
company to generate traction for its product or service.
This is not the same as the pursuit of something new or original. This
is more about our innate longing for something different. While we go
about our day in a mostly predictable manner, we want to try out
something new or have a different experience. Any product or service
that has this kind of intrigue or enticement will more easily convert
Leads into c u s t o m e r s .
8. Fear of Loss / Fear of Missing Out This is a powerful psychological trigger. Unfortunately, its impact has
been diluted in recent years from being overused and even abused
by many companies.
Fear of loss has always been a driving force in sales and has led to
overnight bestsellers. It works best only when used sparingly.
Companies can’t keep blasting their Leads with emails and
messages, highlighting limited time specials over and over.
There is an online music instrument store that sends me an
‘exclusive’ 15% off discount coupon at least twice a week. I know
that if I want to buy anything the starting price is always going to be
15% less. It doesn’t motivate me to take action today at all.
If your Lead knows that they are going to keep getting the same offer
or similar promotions time and again, then it doesn’t really create
any fear of loss.
Smartly timed, placed and messaged campaigns that genuinely instill
a fear of loss will always convert a Lead into a customer.
Fear of missing out needs to be well substantiated. It cannot be a
random claim. Companies need to provide enough proof that the item
has already been bought by others who are like the Lead being
targeted. This doesn’t work so well for a newly launched product or
service. The Leads don’t even know what they would be missing.
9. Verifiable Proof Whatever it is that you promote, a Lead is likely to believe your claims
if there is verifiable proof. Products in action, services being endorsed
by people, independent studies or reviews that substantiate the
claims, and any kind of proof that is verifiable, creates the level of
trust a Lead needs to make the final decision.
As long as there is any skepticism over the functionality or utility,
durability or reasonability of a product or service, a Lead will not take
action. The verifiable proof can be something as obvious as a strong
social media following and/or endorsements. Testimonials from
satisfied clients are the most powerful form of verifiable proof.
10. Fuss / Hype / Press / Controversy Press or media has incredible, influential psychological impact.
Almost anything in “print” tilts the credibility scale in your favor. When
something gets highlighted by the press, people pay attention. When
there is a lot of buzz or hype surrounding a launch or about a product,
service or company, there is an urge to check it out. Even when there
is some kind of controversy, it helps in publicizing the product or
service.
I don’t believe that bad publicity is a successful sales and marketing
strategy. At the same time, it is obviously true that the hype or buzz
of media attention are psychological triggers.
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